read my comments again,. RNAV at 6.60, you are buying at 65% discount now
E&O RNAV at 4.60, you are buying at 35% discount now, of course you can argue E&O is bigger than SBCCORP, so it deserve a lower discount, but 60% discount is crazy! I can pull out a few mid cap counters that trades at 40/50% discount but not 65%! take KSL/GLOMAC/MAICA/HUAYANG for example
Looking at today's transaction, most investors are holding for long term...
On the current date Sbc Position is Long - Strong Buy based on Medium Term analysis and is Long - Strong Buy based on Long Term. Asset "Volatility Risk" is Medium and "Liquidity Risk" is Medium. In the Medium Term, Bullish phase is advancing, a short term positive price move is expected. In the Long Term, Bullish phase is advancing, a short term positive price move is expected.
On the current date Sbc Position is Long - Strong Buy based on Medium Term analysis and is Long - Strong Buy based on Long Term. Asset "Volatility Risk" is Medium and "Liquidity Risk" is Medium. In the Long Term, Bullish phase is advancing, a short term positive price move is expected.
RM3.00 is not impossible....Probably soon or a little bit later....best time to accumulate now....
Joel, you can do fundamental analysis through spending time in reading company annual report and quarterly financial results. Technical analysis will be a very good tool to use also.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SaturnY
612 posts
Posted by SaturnY > 2014-04-14 19:03 | Report Abuse
When a share is at a higher discount, its value is not fully realised yet.